Commercial space in Ferndale
Key highlights of this property include multiple existing structures that can be refurbished and repurposed to benefit the new owner, adding value to the potential development. With its current Residential 1 zoning and rights for a guest house, there is also potential for a rezoning to Residential 4, unlocking further development opportunities.
The available land for sale in Ferndale Randburg presents a prime opportunity for investors and developers alike. Conveniently located near key commercial centres and developments, this property is strategically positioned for apartment-type development, promising a lucrative investment prospect.
The negotiable price and willingness to discuss terms make this property an attractive option for those looking to capitalize on the dynamic real estate market in Ferndale Randburg. Whether you''re considering residential or commercial projects, this property''s versatility and potential for returns make it a compelling investment opportunity. Property also offers a working borehole, with approved plans for all structures on the property.
Property details
- Listing number T4656730
- Property type Commercial
- Listing date 31 May 2024
- Land size 4 015 m²